Fractional Reserve Currency: A Scam, A Pyramid Scheme

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Fractional Reserve Currency: A Scam, A Pyramid Scheme

Posted By: Lion [Send E-Mail]
Date: Saturday, 29-Oct-2011 09:58:02

------------ Fractional Reserve Currency: A Scam, A Pyramid Scheme Posted: 29 Oct 2011 03:00 AM PDT Our current ‘fractional reserve’ currency system is DEPENDENT upon more debt in order to grow. It’s a statement that may sound crazy, but it’s true. If there is less debt in the system, the system itself becomes deflationary, and begins to collapse. Sick, isn’t it? ---------- Source: http://www.pakalertpress.com/2011/10/29/fractional-reserve-currency-a-scam-a-pyramid-scheme/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+pakalert+%28Pak+Alert+Press%29